What is taxi fleet insurance?
An insurance policy which provides cover for multiple vehicles and allows you to provide insurance for both driver and vehicle together in one policy called taxi fleet insurance.
What does taxi fleet insurance cover?
Insurance policy used for taxi cover 3 or more vehicles used for taxi purposes. You can add a maximum number of vehicles to a taxi fleet policy.
Taxi fleet policy designed in such a way to add or remove cars and drivers in just one fleet policy instead of getting individual policy for each taxi.
Taxi vehicle cover for fleets
You can add a maximum number of vehicles from 3 vehicles to 500 or more. It offers the same three levels of protection same as standard motor insurance.
- Third-party only (TPO): It covers all third party liabilities if an accident occurs. It does not provide cover to your vehicle when an accident is your fault.
- Third-party fire and theft(TPFT): It provides the same protection as TPO but it also covers your vehicle.
- Comprehensive: this is the most popular and the highest level of taxi cover. It has all the above protection and includes any accidental damage caused to your vehicle.
Who should buy taxi fleet insurance?
Any taxi business like it is for public hire or private hire taxis should buy taxi fleet insurance. The more vehicles you add to a policy the cheaper it becomes to insure each one. It is more efficient than having single taxi policies, it can cost less, too. It is also available on a TPO and TPFT basis.
Types of vehicle covered by a fleet insurance policy
We can cover mixture of vehicle on one policy, including:
- Saloon cars
- Estate cars
- Black cabs
- MPVs with upto 16 passengers
- Minibuses
- Hybrid and electric vehicles
- Private hire
- Public hire
- Self-drive hire
We cover maximum number of taxi licensing across the country, offering the taxi fleet they need.
How much does taxi insurance cost for fleet policy?
Taxi fleet insurance cost vary considerably depending on a number of factors including:
- Number of vehicle
- Your location
- The driver you want to cover
- No claim history or more.
Drivers with a good driving history and well-managed fleet cloud save money on their insurance with us. Installing telematic software will help you to reduce the cost of your insurance upon renewal.
Who can be covered under a taxi fleet policy?
At Protect my taxi, drivers of all ages between 23-75 can be considered for the inclusion of your taxi fleet policy. We will also consider drivers with claims or convictions.
We can also cover taxi badge holders or younger and inexperienced drivers for taxi fleet insurance. As a result, cover costs may increase as a result.
For a perfect quote for your business, feel free to contact us . we will see if you can save money on your taxi fleet renewal time.
We will guide you and provide the best cover you need.
